diff --git a/.gitignore b/.gitignore
index 0f7da88..c7f70a3 100644
--- a/.gitignore
+++ b/.gitignore
@@ -4,3 +4,5 @@ libssh-0.4.4.tar.gz.asc
 /libssh-0.4.6.tar.gz.asc
 /libssh-0.4.8.tar.gz
 /libssh-0.4.8.tar.gz.asc
+/libssh-0.5.0.tar.gz
+/libssh-0.5.0.tar.gz.asc
diff --git a/libssh.spec b/libssh.spec
index 333a08f..b13f709 100644
--- a/libssh.spec
+++ b/libssh.spec
@@ -1,6 +1,6 @@
 Name:           libssh
-Version:        0.4.8
-Release:        2%{?dist}
+Version:        0.5.0
+Release:        1%{?dist}
 Summary:        A library implementing the SSH2 protocol (0xbadc0de version)
 
 Group:          System Environment/Libraries
@@ -49,6 +49,8 @@ cd obj
 make install DESTDIR=$RPM_BUILD_ROOT
 find $RPM_BUILD_ROOT -name '*.la' -exec rm -f {} + 
 chmod 644 $RPM_BUILD_ROOT/usr/include/libssh/*
+install -d $RPM_BUILD_ROOT/usr/share
+mv $RPM_BUILD_ROOT/usr/lib/pkgconfig  $RPM_BUILD_ROOT/usr/share
 
 %clean
 rm -rf $RPM_BUILD_ROOT
@@ -66,8 +68,13 @@ rm -rf $RPM_BUILD_ROOT
 %defattr(-,root,root,-)
 %{_includedir}/*
 %{_libdir}/*.so
+%{_usr}/share/pkgconfig/*.pc
 
 %changelog
+* Wed Jun  1 2011 Jan F. Chadima <jchadima@redhat.com> - 0.5.0-1
+- bounce versionn to 0.5.0 (#709785)
+- the support for protocol v1 is disabled
+
 * Tue Feb 08 2011 Fedora Release Engineering <rel-eng@lists.fedoraproject.org> - 0.4.8-2
 - Rebuilt for https://fedoraproject.org/wiki/Fedora_15_Mass_Rebuild
 
diff --git a/sources b/sources
index f0ab8f4..5823c24 100644
--- a/sources
+++ b/sources
@@ -1,2 +1,2 @@
-d97b3feea1abe047ca8cf86d06e4b789  libssh-0.4.8.tar.gz
-2ea9c614e4e49ba2c2743d175cb97893  libssh-0.4.8.tar.gz.asc
+9b37f45751c0ae7ba66099c1fb136946  libssh-0.5.0.tar.gz
+45aa5d60e38b29aa7b6620d48b18ff4d  libssh-0.5.0.tar.gz.asc